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Watertight Door Market

Watertight Door Market

Watertight Door Market Global Industry Assessment & Forecast

# Pages:


Base Year:


Nov - 2021


Report Code:


Segments Covered
  • By Type Hinged Watertight Doors, Sliding Watertight Doors
  • By Source Hydraulic Watertight Doors, Electric Watertight Doors
  • By Type of Vessel Commercial, Oil & Chemical Tankers, Bulk Carriers, General Cargo, Offshore Vessels, Passenger Ships & Ferries, Mega Yachts and Other Vessels, Military, Others
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 245.63 Million
Revenue 2028Revenue 2028: 698.03 Million
Revenue CAGRRevenue CAGR (2021 - 2028): 6.29
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Type  Analysis: Preview

On the basis of Type, the market is segmented into Hinged Watertight Doors, Sliding Watertight Doors. Sliding Watertight Doors  held the leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the forecast timespan. This is due to the increasing adoption of Sliding Watertight Doors in emerging economies in Asia Pacific region.

Source Analysis: Preview

Based on Source, the market is segmented into Hydraulic Watertight Doors, Electric Watertight Doors. Hydraulic Watertight Doors accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Watertight Door Market: Type Segment Analysis

    • Hinged Watertight Doors
    • Sliding Watertight Doors

Global Watertight Door Market: Source Segment Analysis

    • Hydraulic Watertight Doors
    • Electric Watertight Doors

Global Watertight Door Market: Type of Vessel Segment Analysis

    • Commercial
    • Oil & Chemical Tankers
    • Bulk Carriers
    • General Cargo
    • Offshore Vessels
    • Passenger Ships & Ferries
    • Mega Yachts and Other Vessels
    • Military
    • Others
Frequently Asked Question
  • The global Watertight Door valued at 245.63 Million in 2020 and is expected to reach 698.03 Million in 2028 growing at a CAGR of 6.29%.

  • The prominent players in the market are MML Marine Limited, REMONTOWA HYDRAULIC SYSTEMS Sp. z o.o., IMS Groups, AdvanTec Marine, SeaNet SA, Westmoor Engineering Ltd., Baier Marine Company Inc., Van Dam B.V., Ocean Group, Winel B.V..

  • The market is project to grow at a CAGR of 6.29% between 2021 and 2028.

  • The driving factors of the Watertight Door include

    • Watertight doors a prevent the ingress of water from one compartment to another during flooding or accidents and therefore act as a safety barrier, it limits the spread of water inside the ship. Increasing significance and criticality of marine surveillance through maritime naval patrol vessels has positively impacted demand for watertight doors.
    • Tourism is one of the world's fastest growing industries and an important source of foreign exchange and employment, Coastal tourism is also growing nowadays, while being closely linked to the social, economic, and environmental well-being of many countries, especially developing countries, which is further driving the demand.

  • Asia Pacific was the leading regional segment of the Watertight Door in 2020.